Mortgage rates were little changed in the latest week, with the national average rate on the benchmark 30-year loan inching higher to 6.24% from 6.23% a week ago, Freddie Mac said Thursday.
The average for the 15-year mortgage, a popular refinancing choice, also edged up to 5.83% from 5.81% last week, Freddie Mac’s weekly survey showed. […]

There is so much that we take for granted in the good old USA. Take mortgages for example. I’m on my third home here in the Deep South. My wife and I have had three mortgages for our homes. If your credit is decent and you have something to put down, then you’re likely to […]

U.S. mortgage applications last week fell 5.1 percent, an industry group said Wednesday.
The Mortgage Bankers Association said that for the week ending Jan. 27 its index of mortgage activity fell to 626.8 from 660.5 in the previous seven-day period.
On an unadjusted basis, the group’s index was down 12.1 percent compared with the same week one […]

Even though buying a home after a recent foreclosure is possible, homebuyer should not apply for a mortgage blindly. Because of your current credit standing, many lenders are ready to take advantage of you. Your options are limited. Nonetheless, this does not mean you have to accept a terrible mortgage loan.
Why Does a Foreclosure Occur?

Homes […]